HONOLULU, June 30 /PRNewswire-FirstCall/ -- Hawaiian Holdings, Inc. (Nasdaq: HA) (Holdings or the Company), parent company of Hawaiian Airlines, Inc. (Hawaiian), today announced that it has been added to the Russell 3000(R) Index.
The Russell 3000 Index is market cap weighted and measures the performance of
the largest 3000 common stocks incorporated in the United States and its territories.
The index was constructed to provide a comprehensive barometer of the broad market.
It is reconstituted annually to capture new and growing equities.
Being added to the Russell 3000 index is a major accomplishment for Hawaiian.
It is recognition of our achievements, growth and Hawaiian's strengthened market
position in our industry, commented Mark Dunkerley, president and chief executive
officer. We believe our inclusion in this well known index will help us bring
Hawaiian's story to a wider audience of institutional investors which will more
closely align our market capitalization with the company's performance.
The Russell 3000 also serves as the U.S. component to the Russell Global(R)Index,
which Russell launched last year. Russell indexes are widely used by investment
managers and institutional investors for index funds and as benchmarks for both
passive and active investment strategies. An industry-leading $4.4 trillion in
assets currently are benchmarked to them. The complete final membership list of
companies posted on the Russell 3000 Index can be found at http://www.russell.com.
Real-time market analysis on the Russell Indexes is available at http://www.Russell.com/Indexes/performance/real_time_market_analysis.asp.
About Hawaiian Airlines
The nation's top-ranked airline for service in the 2007 Airline Quality Ratings,
Hawaiian has led all U.S. carriers in on-time performance for each of the past
four straight years (2004-2007) and in fewest misplaced bags for the past three
years (2005-2007) as reported by the U.S. Department of Transportation. Consumer
surveys by Conde Nast Traveler, Travel + Leisure and Zagat have all ranked Hawaiian
as the top domestic airline serving Hawaii.
Now in its 79th year of continuous service in Hawaii, Hawaiian is the state's
biggest and longest-serving airline, as well as the second largest provider of
passenger air service between the U.S. mainland and Hawaii. Hawaiian offers nonstop
service to Hawaii from more U.S. gateway cities than any other airline (10), as
well as service to Australia, American Samoa, the Philippines and Tahiti. Hawaiian
also provides approximately 150 daily jet flights among the Hawaiian Islands.
Hawaiian Airlines, Inc. is a subsidiary of Hawaiian Holdings, Inc. (Nasdaq: HA).
Additional information is available at HawaiianAirlines.com.
SOURCE Hawaiian Holdings, Inc. CONTACT: Peter Ingram, CFO of Hawaiian Airlines,
+1-808-835-3030, email@example.com; or investor relations, Lena Adams,
firstname.lastname@example.org, or Andrew Greenebaum, email@example.com, both of ICR,
Inc., +1-310-954-1100, for Hawaiian Airlines; or media, Keoni Wagner, VP Public
Affairs of Hawaiian Airlines, +1-808-838-6778, firstname.lastname@example.org Web
site: http://www.hawaiianair.com http://www.russell.com